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Search Results 0 to 33 of about 34 (some duplicates have been removed)
the government to cut back spending in other areas in exchange for relief money. the new york and the new jersey governors ask for bigger aid packages. >>> the powerful winter storm swept through half of the country and left many in dark. arkansas, 15-inchs of snow caused widespread daniel to power lines and cutting electricity to 200,000 customers. chicago has already reached 500 homicides before the end of this year. the highest level in four years. windy city is desperate to lower its murder rate. correspondent mike tobin looks at one initiative to supporters hope will do just that. [ siren ] >> guy in the middle of the street. looks shot. >> gangland shooting part of every evening in chicago, the gun control debate is ongoing. solution passed by the cook county board of collisioners another tax. $25 on every handgun sold. this gun store owner says it's tax against the legal gun owners. >> the new tax is sold with the idea it would offset public cost of medical care for shooting victims. aconfidencing to the board president own numbers that cost is shy of $35 million. estimated revenue is $60
between 40 and $65,000 a year will have to pay an extra two grand to the government. gregg: coming up we'll talk with republican nick mulvaney whose house budget committee is obviously on the forefront of the fiscal talk. so we'll try to get the latest from him in just a moment. patti ann: meanwhile, gregg, we have new warnings from the treasury department that if a fiscal deal isn't reached our government will have to turn to extraordinary measures when the debt limit hits its ceiling. $16.4 trillion probably on monday. fox business network's stuart varney joins us now. hi, stu. you say this is the big story people aren't talking about? >> it is a sleeper issue, patti ann. on monday the government officially runs out of money and it can not borrow anymore. so it will have to shift all kind of cash around to make sure they can pay their bills and maybe they can do that for a couple of months. means you can kick the can, eight weeks be maybe, until the absolute crunch comes. there are consequences to this. it could be that america will be downgraded again. after all back in august of 2011
a dramatic decline in their payments from the government, and certainly, that we're not going to do the sequester. we cannot tolerate, ordinary people can't tolerate these kinds of cuts in programs. >> absolutely. congresswoman jan schakowsky, thank you so very much. >> thank you. >> remember to answer tonight's question there at the bottom of the screen and share your thoughts on twitter @edshow and on facebook. i want to know what you think. >>> coming up, this congress is on track to be the worst congress ever. that's right. "the huffington post" amanda turco and robert reich will join me. my wife takes centrum silver. i've been on the fence about it. then i read an article about a study that looked at the long term health benefits of taking multivitamins. they used centrum silver for the study... so i guess my wife was right. [ male announcer ] centrum. always your most complete. of green giant vegetables it's easy to eat like a giant... ♪ and feel like a green giant. ♪ ho ho ho ♪ green giant >>> coming up, more on tonight's breaking news of the fiscal cliff with former la
't have a dramatic decline in their payments from the government, and certainly, that we're not going to do the sequester. we cannot tolerate, ordinary people can't tolerate these kinds of cuts in programs. >> absolutely. congresswoman jan schakowsky, thank you so very much. >> thank you. >> remember to answer tonight's question there at the bottom of the screen and share your thoughts on twitter @edshow and on facebook. i want to know what you think. >>> coming up, this congress is on track to be the worst congress ever. that's right. "the huffington post" amanda turco and robert reich will join me. >>> coming up, more on tonight's breaking news of the fiscal cliff with former labor secretary, robert reich, and amanda turco of "the huffington post." >>> then, chicago reaches the tragic milestone of 500 homicides in 2012. reverend jesse jackson will join me to discuss curbing gun violence in our cities. we'll be right back. >>> so the american people are watching what we do here. obviously, their patience is already thinning. this is deja vu all over again. america wonders why it is t
communications are looked at by the government. people want amendments. unfortunately congress once again is acting at the last minute trying to renew something about to expire and there is probably not the time to do revisions that are necessary. that's a problem here. harris: because critics want this to be revised as you just put it. the white house doesn't. it wants it to pass the way it is. a lot of people are in favor of it because it is helping to keep us safe since there is homegrown terror in the united states and we need to find it. i want to if which have the words put it up on the screen. kentucky senator rand paul had this to say on the senate floor yesterday. and what he was basically saying is that this interferes and disputes the power of the fourth amendment. and that it needs to be changed. again, dan, you say we may not see any changes to it because the deadline is tuesday? >> it is really important to note that even the supporters of renewing acknowledge there needs to be reform. there needs to be more oversight. we need to know more how the fisa court works. we want m
also want to see hiring happening and that's where that government jobs report that we focus on once a month, that's where that comes into play. we're going to get the next one next week, that government jobs report and the big worry, carol, that's hanging over all of this is the fiscal cliff. although we're still in the middle of wondering what congress is going to do about it, companies are already holding back hiring so that is clearly impacting the jobs market but the good news once again is the layoffs are slowing, down 12,000 to 350,000 last week. carol? >> thank you very much, washington. alison kosik thank you so much. >>> growing outrage over the decision of a new york newspaper to publish a map with the names and addresses of people who have gun permits. the interactive map was created with information available publicly. it pinpoints the location of legally licensed permit holders for handguns. we reached out for a statement from the newspaper, it sent us this, "the massacre in newtown, connecticut, remains at top-of-mind for many of our readers. or readers are understanda
are not safe. our relatives. nobody is safe in the city anymore. and we don't really see the government picking up that as an issue. safety is the first thing you would assure to a citizen. >> reporter: this isn't the first time a rape case has been reported. many more never are. but this case has become a lightning rod in india. people are disgusted with the brutality of the rape. protesters say enough is enough. >> the brutality of this crime and the way it has been handled, the kind of insensitive treatment that some of the -- statements that some of the politicians and some of the people have made ensure that not only me -- everybody has come out to say that this is not done. and we are not okay with this. >> reporter: they want to see the government take concrete steps to address their concerns. >> surely, definitely. then, you know, faster justice. you need to have special courts where it's not open to the public. i think that's still a provision. we need to have more courts and better hearing and stronger assistan assistance. >> reporter: it's no longer about one girl or one particular r
a deep channel. >>> and america's population growth is slowing down. the government says it's due to lower birth rates during the economic recession and lower immigration numbers. as we start the new year, there will be 315 million people in the united states. the population, though, has grown less than .75% since 2010. so a slower rate of growth. still, 315 million people is -- >> seems like enough people in some places, that's for sure. thanks, lisa. >>> hopes have been crushed and families in the making ripped apart. a new law bans americans from adopting russian children. ng tom about that tiramisu. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a passat. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. >>> from what we surmise, this meeting at the white house between the presiden
capturing the political process, getting the government contracts and affecting outcomes we are also subject to that. and to see somebody say those things is a lot more than i say in my book but what you are saying is true in its deeply important. >> philip auerswald, you write about the current telecommunications revolution that we are all living and trying to understand and manage. helpless. >> so, first of all, we have to understand the difference between a mobile phone and a rich country and a mobile phone and most of the world. so, before the mobile phone only to technologies had spread as widely as the mobile phone. no technology has spread as rapidly as the mobile phone. the only other recent one was the transistor radio and before that, it was fired to spread as wildly. so, what is the -- we know what it means in our lives and what smart phones been and all that but what does it mean for the majority of the world's population. it was built highways, communication highways and labor never connected before. in afghanistan we talk about story that you asked about entrepreneurs and was r
of their jobs after the benghazi terror attack reportedly still on the government payroll. how can that be? [chanting] protect the constitution. >> the liberal "new york times" says last month's election significantly weakened the tea party. is that true? we will have a debate. chanting] >> u.s.a. >> caution, you where to enter the no spin zone. the factor begins right now. >> i'm greg gutfeld in for bill o'reilly. thanks for watching us. our top story tonight, the last ditch effort to avert the fiscal cliff. president obama met with congressional leaders for several hours at the white house today to try to hammer out a deal before taxes go up on more than 160 million americans. after the meeting, the president presented a new plan to avoid the cliff and said he was modestly optimistic. >> we had a constructive meeting today. senators reid and mcconnell are discussing a potential agreement where we can get a bipartisan bill out of the senate over into the house and done in a timely fashion so that we met the december 31st deadline. given how things have been working in this town we have to
a archaic 1947 law, unless the new bill is passed by december 31st, the government will be forced to buy vast quantities of milk at twice the wholesale rate. two bills are in congress. the senate passed one for $23 billion in savings. the house is looking to enact 35 billion. the sticking point the full house of representatives hasn't approved the bill. >> the farm bill is like this low hanging ornament on the congressional christmas tree that if they just embrace it, they can automatically come up with tens of billions of dollars in budget savings. and then they can figure out where else they need to cut spending after that. >> reporter: the secretary of agriculture tom vilsack has said his department is preparing a case the permanent law comes into effect. temporary solution is to attach a farm bill extension to the fiscal cliff legislation. harris? harris: is there anything besides milk we need to be aware of? are we looking potentially at higher prices among many farming commodities for example? >> reporter: yeah. it is not just the cows. it is the crops too. it is possibility the go
was going on? why wasn't our government helping? >> it was bewildering. the parents tried to do it low-key. they couldn't get the case resolved. they came to me and our two wonderful u.s. senators. thanks to fox. thanks to o'reilly, sean hannity, greta, all of you were so helpful. all the press helped but you guys came to bat. that's why i don't really understand or believe that during a white house press briefing that the white house spokesperson said, oh, i don't know about the case. baloney. everybody had known about the case. gregg: they knew. >> we had been bringing that up. gregg: right. >> this is a family of strong christian faith. for them, as we celebrate the birth of christ tonight what a more meaningful present than, than the god delivering their son to them tonight. gregg: look, we want to talk to you about a couple of subjects here and that one, thankfully turned out well. let's turn now to benghazi because you are very involved in this. an independent investigation, i know you read it, produced this blisser iting report what they refer to as systemic failures in the very
to cut elsewhere. >> reporter: without new legislation, government price supports for milk will revert to 1949 levels. back then, the process was more laborious, and farmers needed a higher subsidy to cover their costs. dan summer, professor of agricultural economics at the university of california davis, says the new price of milk will be far above what it now costs dairy farmers to produce it. >> it really will be just chaos. nobody really knows how to act. >> reporter: so we would go back to this old farm bill, which would force the government to buy milk at an extremely high price. >> that's right. >> reporter: this could be a windfall for dairy farmers. >> here's the problem for dairy farmers: they don't want chaos in the milk market. it sounds good-- "gee, everybody will double or triple the price"-- but how much milk would people buy at that price? >> reporter: nobody will pay it. >> nobody will pay it. >> reporter: shoppers for milk today couldn't understand why congress can't at least solve this problem. linda vella: >> they all need to be fired. and if we want to continue to
said the government will blow through the borrowing limit that congress set in 2011. he warned the window to act is narrow or else a treasury could default. in washington, lisa will walk us through. first, let's explain what exactly the debt limit is and it sounds like maxing out a credit card, but not precisely so. >> that's right. it is not like maxing out your credit card. we are going to make it as interesting as possible. it is important. the debt limit is not like maxing out your credit card. this is money we spent as a nation. this is a lot more like buying a house. committing to a $200,000 house and signing the papers and imposing a rule on yourself that you can only borrow $100,000. you need $200,000 and you spent the money, but you have the cap that you imposed on yourself. that's what the debt limit is. we will look at where we are with this handy graphic. the debt limit is $16.394 trillion. where are we now? we are at 16.337. we are just under the limit. almost reached our capacity. >> getting that far, it's our own fault and putting ourselves in this predicament. o
. that includes those budget cuts for most government agencies, the sequester. that may happen at least in the short term. it doesn't seem to be on the table now. also, the medicare doc fix. we don't know for sure if that's going to be in this deal or not. a lot of other pieces still on the table and in limbo for now. >> okay. lisa desjardins, we'll be watching with you, thanks. >>> as you may have guessed, uncertainty over the fiscal cliff is having a ripple effect from washington to wall street. u.s. stocks ended the session in the red on friday for the fifth straight day. a triple-digit loss for the dow, that tumbled 158 points. the nasdaq lost almost 26 points while the s&p 500 shed almost 16 points. >>> in washington, each side of the aisle is pleading its case directly it the taxpayer. both the president and the republicans talking about the fiscal cliff in their weekly addresses. the president said yesterday he was modestly optimistic about a deal, but here he seems to hint at his own plan b if the senate can't reach a deal. >> if an agreement isn't reached on time, then i'll urg
geithner has warned congress hat u.s. will reach its debt ceiling on monday. that is when the government reaches its legal borrowing limit. now, this could pose a bigger threat to the nation's credit rating than the fiscal cliff. treasury can keep the government operating for a few weeks using emergency measures, but congress needs to act on this too to avoid a full-blown debt crisis. alina cho. joins us with the ret of the top stories. >>> former president george h.w. bush remains in intensive care in a houston hospital with an elevated fever. he is on a liquid diet an his condition is listed as guarded. his spokesman quotes him as saying i'm determined not to be dprumpy with all of this. >>> toyota has agreed to pay up in a major way, $1.1 billion to settle a class action suit over sudden acceleration issues. under the deal toyota will install a brake override system in effective cars. it will also set up a fund of $250 million for former toyota owners who sold their cars from september of 2009 through all of 2010. that money would compensate owners for their car's reduced value becaus
to see i increase my interest because these guys can't run a government, you're looking at going toward a recession where we're playing politics in washington. this is very serious. this is not just beltway rhetoric here. i think that people need to understand to the point of calling their congressional representative in outrage today saying, we should not be at this point. they're playing politics with the actual livelihood of families. this is not something that it will be all right a week or two or three or four. we start to go down that cliff, we don't know whether the momentum downward is going to be very, very damaging. >> yeah. >> maybe. >> you got na smirk on your face. >> maybe. i agree with the reverend that they're playing politics with livelihoods, because it is a huge risk. you're right about that. i disagree a little bit on the sort of dramatic, immediate impact of it. what we could get -- this is a possibility, and i'm trying to be optimistic because it's towards the end of the year. it's been crummy for a lot of people. we could get a deal the third week of january where
like contractors that have been contracting with the federal government to replace the shuttle? and could you comment on where the commercial space ports of the future will be located? >> well, for suborbital manned spaceflight, they can use any airport with a 12,000 foot runway. branson is considering doing it in an isolated place in new mexico. i tried to talk him into doing it in a place where there is an ocean and something worth looking. at any rate, his plan to put spaceports in five or six different countries, he wants to do one or you can let people see the northern lights during your space flight. so he has some really neat ideas about where it could be done. when you look at where funds are available for a space port, there is one planned in dubai. there is not one affordable enough to fly into orbit, so i suggest that we had better solve that problem and then think about what a space port would look like. >> your thoughts on using model aviation as a funnel for youth to get into aircraft engineering, because your friends at the faa are trying to lump us then with the
of government in american life, that's why it is so hard to get to a deal. >> how dramatic. who would think talking about money and fiscal issues would garner so much drama, jessica. >> reporter: well, it is washington. and it is a lot at stake. it is about people's taxes, and, you know, the social safety net in america. it is the difference between democrats and republicans. >> yeah. we're going to talk more about the money now. thank you, jessica yellin. appreciate it. to new york now, joining us rick neuman, chief business correspondent for "u.s. news & world report." i want to ask you about the tax increase if there is no deal and tax rates rise, when would workers begin to see that reflekr reflected in their paychecks? when does the pain start? >> this is not one tax hike. this is about nine different sets of taxes. and the one that would go up right away is the payroll tax. that was cut temporarily in 2 009, cut by two percentage points and will go back up by two percentage points and that would come out of workers' paychecks right off the bat. it would add up to something like $60, $
representative, especially their congresswoman to really push hard against the mexican government for an early release. their goal was to get him home by christmas, and they've achieved that goal. heather, back to you. heather: we are glad they're going to spend the holiday together. thank you very much. and a little background, by the way, on john hammer's arrest. it was august 13. he was enroute to costa rica with a friend when he was detained by mexican customs who claimed that he had an incorrect permit for an antique rifle that he had in the his possession. well, the friends that he was traveling were -- with were also detained but released shortly after. four months later on december 17th, the first photo was anonymously e-mailed to his father. two days ago hammer was released when a mexican judge ruled in the his favor, and he was then driven across the border into texas. that same night his father anxiously waited for him. john hammer spent a total of 132 days behind bars. gregg? ♪ gregg: an american contractor working in afghanistan has died in what could be the latest insider attac
. and you'll notice that when employer gets to around the adjusted withholding, the government spending cuts, those are also scheduled for january 1st and bound to slow the economy and some argue they'll weaken the military. congress has seen this coming, but an effort to limit the damage failed last week. republican house speaker john boehner could not persuade enough members of his party to let tax rates rise on incomes over a million dollars while sparing everyone else. dana bash is our senior congressional correspondent. dana, this time tomorrow, the president is supposed to be back, having cut his trip to hawaii short, the first lady, the girls are staying in hawaii. the senate is supposed to convene, but not necessarily the house. what is going to happen? >> reporter: well, we're not really sure. in fact, house republican leaders are having a conference call, i'm told, as we speak, to figure out that very question. they told their members that they would have 48 hours notice before they reconvene the house and so at the earliest, that would be on friday. but, you know, the action reall
's when the government reaches its legal borrowing limit. treasury can delay a debt crisis for a couple of weeks until february or march using emergency measures to keep the government operating until congress acts to fix this problem, too. >>> big news from toyota. they are announcing a record $1.1 billion settlement over that unintended accelerator issue which they say does not exist. toyota has always said it's been floor malts, stuck gas pedals and operator error but they're going to settle these cases to put it behind them. the bulk of the money will go to its customers past and present. they will install brake override systems for all vehicles identified by toyota as having a problem with the floor mats getting stuck. toyota set aside $250 million to compensate owners who sold their cars while their sales were plummeting over the bad p.r. and a separate 250 million will be used to compensate owners who don't qualify for that brake override system. finally, all 16 million current toyota owners will be eligible for a warranty on certain parts related to sudden unintended acceleratio
. unfortunately, you know today the average american doesn't realize that there's 40% of government services that they're not paying for. only one-third of medicare is paid for by those people who actually use it and because there's been this charade going on, where the left and right basically have conspired together to shield the american people from the true cost of government, we really don't have any constituency here to help reduce spending because we have not dealt with that issue, there's been no progress on the entitlement spending this is unfortunately going to carry on to the debt ceiling debate and what that means is every american is going to be harmed because the economy is not going to be what it should be. so because we have lacked the courage to face up to deal with these issues we here in washington are going to hurt the american economy we're going to hurt americans at every level, and to me it's just a travesty that we've not been willing to deal with this issue when for the last two years, jeff we have known this time is coming. no congress has b
-- and steep government spending cuts, could be just around the corner. kron4's justine waldman is tracking the developments in washington. with many law-makers still on holiday vacation. and kron4 political analyst michael yaki is also here. we'll get his take on where things stand - next at 5-30! (male announcer) live from the kron 4 news station, this is the kron 4 news. >> grant: now at 5-30. the "fiscal cliff" deadline is five days away. and there is no deal in sight to avoid automatic tax hikes and spending cuts. tonight - our poltical analyst michael yaki is here to break it down for us. but first - kron 4's justine waldman is stading- by to get us up to date on what is happening.justine. >> we have just learned that on friday, congressional leaders will meet with the president to discuss the fiscal cliff standoff. there is no legislation pending in either the house or the senate to avoid going over the cliff. and the converstations about it. continue to be confrontational. time is running out to reach an agreement to aviod the fiscal cliff. if there's no deal, taxes will go up and s
to be the police chief accuses the government of carrying out massacres of innocent civilians and he says the military is nothing but armed gangs that kill. he says is he defecting to, quote, join the people's revolution. and the recovery in the housing market remains on pace. home prices rose 4.3% in october over last year, that is it the biggest percentage increase in more than two years. near record low mortgage rates and fewer foreclosures are helping spur sale which is in turn is boosting prices. and the world's longest high speed rail line is up and running and it's in, where else, china. the 1428 mile line spans more than half the country linking the capital of beijing to the southern chinese bloom city. trains will run at 186 miles per hour. >>> and civil rights icon nelson mandela has been discharged from a south africa hospital. 94-year-old former president will continue treatment at his home. he was hospitalized with a lung infection on december 8th. one week later, he had surgery to remove gallstones. i'm sure everyone's pleased to hear that he's doing well. >> thanks so much
government and the president can decide who he will propose tax cuts for. i think the democrats feel it could go over the cliff. everyone's taxes will be gone up. >> automatically. >> what would happen to spending if you went over the cliff? >> you would have automatic spending cuts come in which in some cases mate be good, but could december mate defense. and that's the real concern i have is that these cuts are almost arbitrarily 50-50 and the defense is not 50% of the budget, and they will drastically cut weapon systems and the deployment of our troops. >> i can understand that you would be concerned about that. in terms of this christmas break now that you are home and the president is in hawaii, but the president suggested it is a cooling off period for everyone. are you optimistic that next week things could change all of a sudden and a deal could happen? >> i am optimistic if we can get one done in the hour. people are far apart. many republicans feel they were elected under a pledge not to raise taxes no matter what. democrats were elected under a pledge that everyone over a quarter m
. and they're not going to, basically, get employment and income with government assistance and subsidies alone. you have to grow the economy, and nothing this president's done in four years has meaningfully done that. let's go back to the point that says the republicans are intractable. they agreed to $1.2 trillion in new revenue. john boehner from the very beginning put 800 billion in revenue on the table. the president was known to say, well, that's mine. i get that one for free. i don't have to give anything in return. the president in addressing a deficit added $1.6 trillion in new spending. gregg: yeah. >> so who are we joking right now? the president has never taken the spending side of this equation seriously, which is why we don't have a deal. republicans have put their necks on the line supporting new revenues, the president's not coming through. gregg: senator barrasso said the president does want to go over the cliff, because he wants to punish republicans. is there something to that? >> i don't think there's anything to that, but the reality is that if he wants to get anythin
of that apple'.. >> what are the government level of negotiations? of these are important to send a message that they're trying to work together. but these are rarely done individually or on the phones or in offices. this has basically become a discussion on harry reed and mitch mcconnell. however, what we have not heard or a subsequent phone calls the problem going on right now. >> catherine: there is a lot of talking right now? >> yes, john boehner will talk to mcconnell and mitch mcconnell taught to read and harry reid will speak to the congress. >> catherine: let us hope that this will finally be over soon and if you'd like to connect with michael - you can follow him on twitter - his handle is "at- yaki-blog." >> jacqueline: the rainfall will continue with drier conditions tomorrow. and dry and a little bit warmer on sunday the more cloud coverage. a slight chance of sprinkles northport's monday. the satellite and radar showing that it is still offshore. some of returns to the coast with some sprinkles the main event is is still about one hour away. the core of the storm west of eureka
come here, our job is to make sure they get an affordable solution. >> reporter: the government he says has failed to hold banks accountable. mark cuts through bureaucracy by bringing the big banks here. >> all the players are here in one place to get it done. >> reporter: first, naca's mortgage loan counselors examine homeowners' financial information and living expenses to determine what they can afford. then they bring the homeowners and all their documents to meet with their banks. face to face. >> it's tough to say no when you're face to face with a homeowner. someone's not apiece of -- not a piece of paper, they're family, their lives. >> reporter: the organization has conducted 100 of these home-saving events across the country. the result, more than 200,000 families, they say, have struck new deals with their banks and kept their homes. the homeowner pays no fees if the homeowner stays current for three months, the banks pay naca $500 to $ 50 for each new loan modification. these are the sounds of success. [ gong ] [ applause ] >> reporter: some are overcome with emotion. desire
Search Results 0 to 33 of about 34 (some duplicates have been removed)